Salesforce (CRM) Offering Possible 25% Return Over the Next 9 Calendar Days

Salesforce's most recent trend suggests a bearish bias. One trading opportunity on Salesforce is a Bear Call Spread using a strike $162.50 short call and a strike $167.50 long call offers a potential 25% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $162.50 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock rose above the $167.50 long call strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Salesforce is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Salesforce is bullish.

The RSI indicator is at 44.47 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

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LATEST NEWS for Salesforce

Dow Jones Futures: Stock Market On Cusp Of Long Bullish Phase
Mon, 08 Apr 2019 03:41:28 +0000
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salesforce.com, inc. — Moody's announces completion of a periodic review of ratings of Salesforce.com
Fri, 05 Apr 2019 20:04:08 +0000
Moody's Investors Service (“Moody's”) has completed a periodic review of the ratings of Salesforce.com and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.

Microsoft Looks Well-Positioned to Take On Salesforce, Analyst Says
Fri, 05 Apr 2019 17:14:00 +0000
Microsoft’s new partnership with Adobe to better integrate its sales and marketing software puts the technology giant in a good spot, Oppenheimer says.

BMW Deal Highlights the Bull Case for Microsoft Stock
Fri, 05 Apr 2019 14:19:24 +0000
The gains of Microsoft (NASDAQ:MSFT) stock truly have been astounding. As recently as 2013, Microsoft stock traded under $30. Since then, MSFT stock has quadrupled. It now trades at all-time highs, after adding well over $600 billion of market value.Source: Shutterstock Obviously, there are a number of reasons for the huge gains. But the most important has been Microsoft's reduced reliance on PCs. Indeed, the valuation assigned to Microsoft stock earlier this decade wasn't necessarily unfair or even wrong. * 10 Medical Marijuana Stocks to Cure Your Portfolio The smartphone revolution was expected to lead to stagnant growth of desktops and laptops, which turned out to be the case. Microsoft's effort to enter the smartphone market – via an acquisition of the hardware division of Nokia (NYSE:NOK) – was a disaster. A $7.2 billion investment was worth only $350 million after barely two years.InvestorPlace – Stock Market News, Stock Advice & Trading TipsMSFT stock simply was priced for zero growth, and it delivered on those expectations. Between fiscal 2012 and fiscal 2016, Microsoft's adjusted net income actually declined.Since then, the company's shift away from PCs has driven growth and increased investors' optimism towards Microsoft stock. Microsoft's earnings have grown, and investors now are willing to pay twice as much for those earnings as they did just a few years ago. For the valuation of MSFT stock to remain at that level, the company's shift away from PCs has to continue, and a recent deal shows how that might happen. The Microsoft-BMW DealThis week, BMW (OTCMKTS:BMWYY) and MSFT announced a new program called the Open Manufacturing Platform or OMP. The program aims to make manufacturing more like tech, as TechCrunch noted. In tech, accepted standards or widely used platforms allow for interoperability between manufacturers, customers, and other market participants. The proprietary nature of manufacturing systems, however, creates much more friction among various entities.BMW and Microsoft are looking to recruit other partners to the venture, according to TechCrunch, In 2019, the companies hope to recruit four to six new partners. It's a Herculean task, and one that is unlikely to drive near-term earnings growth or even show results any time soon.But it does represent yet another step for MSFT away from the PC and towards the cloud and IoT (Internet of Things) offerings that will drive increased growth. The OMP will be based on Microsoft's industrial IoT offering and could boost the latter's growth. Given that the platform is part of Microsoft's Azure offering – a huge contributor to the recent re-valuation of MSFT stock – the deal will be another long-term driver of MSFT stock. The PC Shift and MSFT StockThe question at the moment is whether MSFT has sufficiently shifted away from PCs. For all the optimism toward Microsoft stock in recent years, PCs remain a huge part of its business. In fiscal 2018, according to its 10-K, PCs still drove nearly 40% of revenue and 30% of its operating profit.But its PC business is growing. Perhaps stunningly, the unit's operating profit rose 71% in two years, and another 20% in the first half of fiscal 2019. The Surface line of hardware appears to be a key factor in that growth.Still, the PC business should start to slow down, particularly as the benefits of the shift to cloud-based subscriptions slow. PC unit growth was negative in 2018 for the seventh consecutive year. Consumer demand, in particular, remains weak, even though the economy is strong. Is Microsoft Stock Overpriced?And so any investor buying (or owning) MSFT stock at the moment has to trust in the cloud shift. Certainly, the company's recent results, and its innovative efforts like the deal with BMW, suggest that investors should be upbeat about the shift. Still, outside of PCs, Microsoft is battling other giants, ranging from Amazon.com (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL,GOOG) in the cloud to Salesforce.com (NYSE:CRM) in CRM software.To own MSFT stock at this point, when Microsoft stock is trading at 24 times the consensus forward EPS for MSFT, an investor has to have tremendous confidence that it can succeed in areas other than PCs. And I'm still not quite convinced on that front.I recommended Microsoft stock back in November, but it was cheaper then. Back near its highs, MSFT probably can grind out continued positive returns, but it probably won't outperform the market by much, if at all.But other investors might see the outlook of Microsoft stock differently. And the BMW deal shows why that's the case. If Microsoft can continue to grow outside of PCs – and continue to position itself as a key innovator in tech – there may be no stopping MSFT stock. At least, I can understand at this point why investors wouldn't want to bet against Microsoft stock.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * 7 A-Rated Healthcare Stocks for Industry Expansion * 10 Stocks That Every 30-Year-Old Should Buy and Hold Forever Compare Brokers The post BMW Deal Highlights the Bull Case for Microsoft Stock appeared first on InvestorPlace.

Bay Area is home to 19 of 50 top public companies where Americans want to work, LinkedIn says
Fri, 05 Apr 2019 13:47:05 +0000
Here are the Bay Area-based public companies that LinkedIn says are among the most desired employers to work for in the country.

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